Club takes up option of extra year for Mowatt

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Originally Posted by Exiletyke

I'm not convinced they have the stomach for this kind of commitment because the emotional attachment you need in troubled times such as these just doesn't exist other than James Cryne's 20% stake .

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Not living in Barnsley I may be light on BFC news but I cannot see any evidence of James ever saying owt let alone his stake of 20% being owt other than a meal ticket & a handsome one at that
Can anyone point to anything JC has done in the last 3 years which would improve my faith[/QUOTE]
Exactly Exile I always remember that JC said he wasn't interested in talking over the club that just speaks for itself why should he,a big money earner for cryne family selling to these Rsoles and him getting his bread buttered on both sides with his 20%

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Originally Posted by animallittle3

Not living in Barnsley I may be light on BFC news but I cannot see any evidence of James ever saying owt let alone his stake of 20% being owt other than a meal ticket & a handsome one at that
Can anyone point to anything JC has done in the last 3 years which would improve my faith

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There isn't Exile other than he's a fan and goes to every game home and away .

Unfortunately that's as good as it gets I'm afraid but at least it's a link .[/QUOTE]

That puts him on a par with probably over 1000 fans who do likewise
Difference being they pay to watch the Reds
Mind you he could reach out seeing as he's not got a lot to do at the moment to our over 70's [as referred to by SB]
But we shall see

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Originally Posted by animallittle3

The glimmer of light Jules is that James Cryne still holds a 20% stake and is a big fan of the club .

If James has the financial means and will it maybe possible that he could purchase from the existing owners an extra 31% giving him 51% .

It would then be a case of attracting other investors to purchase the remaining 49% .

No easy task but not impossible either .

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Do we think he has Grown the “Will” He wasn’t up for it before? I would hope he has, but I think that Messrs Conway, Lee and her will want a lot more than James will be prepared to gamble on his own skill to run this club. I hope I’m wrong, yet I can’t see it.

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Originally Posted by animallittle3

I don't think they paid £20m Pass although that's the number that was rumoured at the time .

It appears from what I've read on bbs and again its open to debate the figure was probably half that .

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Probably borrowed from a company they own too ( allegedly)

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Originally Posted by Jules88

Probably borrowed from a company they own too ( allegedly)

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So if they borrowed money from a company they own its there money or have I missed summet.

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Originally Posted by Exiletyke

There isn't Exile other than he's a fan and goes to every game home and away .

Unfortunately that's as good as it gets I'm afraid but at least it's a link .

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That puts him on a par with probably over 1000 fans who do likewise
Difference being they pay to watch the Reds
Mind you he could reach out seeing as he's not got a lot to do at the moment to our over 70's [as referred to by SB]
But we shall see[/QUOTE]

Every H and A game? well he hasn't anything else to do

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Originally Posted by bill46

So if they borrowed money from a company they own its there money or have I missed summet.

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You see bill if you borrow money from "yourself" you can set the terms & conditions & vary them seeing as you are in control of both ends

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Originally Posted by Exiletyke

You see bill if you borrow money from "yourself" you can set the terms & conditions & vary them seeing as you are in control of both ends

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And you can set the interest and default payments too.

The problem is some think that media Pacific are a 2 man team and getting by through live by ducking and diving.From what I read the group that they are part of is a very wealthy media,sporting,and leisure company.
I'm not too bothered about the fact they own a few other football clubs.If it was up to me I would say one owner one club but until the laws are changed they aren't doing owt wrong.Lots of English football club owners own more than one club.
I think the suspicion comes from why did they buy Barnsley?.Again you could ask any of the foreign and indeed English owners the same question.I'm still of the firm believe that the only way they can make us a viable club both on and off the pitch is by getting success.
I would say there purchase of Nice was a success story.The only people who compl;ained about there motives were some supporters groups who like some here were sceptical of there motives without ever finding any wrong doings.The fact they bought a club for 30m and sold it for 90m is a success story for the company they own.I know they said they were there for the long term but lets be fair they'd have been stupid and incompetent to turn that kind of profit down.If I were a Nice fan I'd be more concerned as to why Mr Raddcliffe as spent so much taking over because theres no way his company will triple there investment in under 3 years.

Wow. Nice one Bill..... ( see what I did there)..... They bought a club. Ruined it. And still made £30m
I can see that happening here....NOT!

I give up now if I were you !